Please Note – The Jacobsen will not publish an International Animal Proteins Bulletin on Thursday 24 December. We will publish a price guide only version on 31 December before returning to our normal publication schedule on 7 January 2021.
Difficulty in getting material delivered to the feed mills has driven the market in Indonesia to a high of US$700 CIF this week. Sellers moving material from nearby markets are capturing a big premium versus US sellers, who are contending with similar shipping issues, i.e. container shortages and congested ports. Offers are out as high as US$735 into Indonesia, at present levels buyers are reformulating.
The Australian market was quiet this week with steady trading reported. Holiday production interruptions are expected to keep supply very tight heading into 2021 and favorable pasturing conditions could delay the production increases in January. Sellers in New Zealand are benefitting from a favorable shipping…
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...